79 DEGREES SOUTH AS: årsregnskap 2022 vs 2021
Grew 77% on revenue, stronger earnings
approved 2023-08-01; registry 2023-08-02; journal 2023 697314
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 79 DEGREES SOUTH AS. Revenue 171.4k NOK → 302.8k NOK (+76.6%). Net result -111.1k NOK → -57.3k NOK. Equity 304.6k NOK → 247.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 171.4k NOK to 302.8k NOK (+76.6% YoY). Calculated
-
↑
Operating result improved
Operating result -111.1k NOK → -16.0k NOK (op. margin -64.8% → -5.3%). Calculated
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↑
Net result improved
Net result -111.1k NOK → -57.3k NOK (net margin -64.8% → -18.9%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 304.6k NOK → 247.3k NOK (equity ratio 61.9% → 50.5%). Calculated
-
↓
Cash fell
Bank deposits 204.4k NOK → 151.7k NOK (-25.8% YoY). Calculated